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China Apr truck sales to dip, up 4% YoY but down 14% MoM

ABSTRACT

China’s heavy trucks sales may have slowed in April, with the sales volume expected to grow 4% on year but down 14% on month, as demand may take a pause after a robust March even though the National Stage VI specifications will be adopted starting H2, according to the projection by the Beijing-headquartered Commercial Vehicle World (CVWorld) on May 5.
The sales of the heavy trucks are estimated at 198,000 units last month, and the sales volume over January-April will add up to 730,000 units, up 57% on year or being lower than the 90% on-year surge in the first quarter, according to CVWorld, a market intelligence provider on China’s

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